After the market crash, a statement is coming from big investors. El Salvador, the country that has adopted it as its official currency for the first time, has broken its silence. President Nayib Bukele has shown his confidence in Bitcoin.
This year, the crypto market saw its biggest collapse. The massive crash dragged Bitcoin down to below 20k.
El Salvador’s President Nayib Bukele prompted Bitcoin investors on Twitter on Sunday. He tried to reassure investors with his statement yesterday.
I see that some people are worried or anxious about the #Bitcoin market price.
My advice: stop looking at the graph and enjoy life. If you invested in #BTC your investment is safe and its value will immensely grow after the bear market.
Patience is the key.
— Nayib Bukele (@nayibbukele) June 19, 2022
El Salvador’s President Nayib Bukele prompted Bitcoin investors on Twitter on Sunday. He tried to reassure investors with his statement yesterday.
In a bear market, people must keep their motivation high to protect their psychology. Otherwise, it is not an easy task for the investors to remove the constantly falling market. That’s why the President of El Salvador is trying to keep the investors alive.
He bought 200 Bitcoins before El Salvador accepted the cryptocurrency as legal tender in September. He is known to have the latest 2,301 Bitcoins.
According to World Bank estimates, El Salvador’s total reserves in 2020 amounted to US$ 3.08 billion.
